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‘By now it will be common knowledge that Fed Chairman Ben Bernanke has committed America to Quantitative Easing (QE) for Europe.

It matters little whether the Fed distributes the funds individually to specific countries, or whether it credits the International Monetary Fund (IMF) or the European Central Bank (ECB) for them to distribute.

At the very least, the objective is a delay in the financial collapse of the EU, which would, in turn, delay a similar crash in the US.’